Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a model of occupational choice, higher expected after-tax earnings attract people to self-employment, while more risky net earnings deter risk-averse individuals. In this paper I...

We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self-employment, but also employment in partly self-owned limited...

Der strukturelle Wandel der Arbeits- und Berufswelt spiegelt sich auch in den steigenden Qualifikationsanforderungen wider, die an ArbeitnehmerInnen wie Arbeitsuchende gerichtet werden. Parallel dazu ist bereits in den letzten Jahrzehnten das formale Bildungsniveau der Bevölkerung erheblich...

There is no robust empirical support for the effect of financial incentives on the decision towork in self-employment rather than as a wage earner. In the literature, this is seen as apuzzle. We offer a focus on the opportunity cost, i.e. the wages given up as an employee.Information on income...

Aus dem einleitenden Teil: "Angesichts der veränderten Arbeitsmarktsituation aufgrund der Auswirkungen und Maßnahmen rund um die COVID-19-Pandemie wurden im Rahmen der vorliegenden Studie, die im Jahr 2021 vom Wiener Institut für Arbeitsmarkt- und Bildungsforschung (WIAB) im Auftrag der Abt....

How valuable is education for entrepreneurs’ performance as compared to employees’?What might explain any differences? And does education affect peoples’ occupationalchoices accordingly? We answer these questions based on a large panel of US labor forceparticipants. We show that education...

Using the 1996-2001 Chilean CASEN Panel Survey, this paper analyzes the impact on income of the switch from salaried employment to entrepreneurship (self-employment and leadership of micro-enterprises). By means of a differencein-differences non-parametric matching estimator the paper alleviates...